The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-27
P0StScriDt--4a.n
THE CATTLE QUESTION.
A New Yorker esys. There Is Ne
Likelihood OF a Beef Famine.
Too MANY People Engaged in Cattlo
Rsfsing - Co., rsdtction or the n
Chicago IriNune's Sayings.

NRw York, August 26.-0ne OF the !
prominent dressed beef men in this
city said this morning, on being shown
the Chicago dispatch: 1T Is true IN
some respects and incorrec. in others.
There Is no probability of any beef
famine, as the market is largely over
stocked now. The immense overstock
is due largely to the fact that more
men are raising cattle than ever before.
Three or four years ago the price q
beef was very much higher than u ID
now, and there was q big rush into.
the cattle raising business. Tho result
is now shown. There are too many
people engaged in cattle raising, and
the price has been put 90 low there is
no money in it. The rush now Is TO
get out, and in consequence they can
not get good prices. In few years
the history will very probably be re-
peated, as think the price will 20 mp
again when fewer cattle ere brought
TO the market.
at was only q very short time ago
that there was drove OF 81 900 cattle
started for a market. After going
some defiance Il was found that the
price WAS 30 low that they were
turned back, and the owners will wait
until there Is mere demand. lis also
true that good many OF the cattle
are in poor condition, but at the same
time there is plenty OF good beef In
the market, and the owners can get
good prices for 1t. There are plenty
OF cattle in the Southwest, and,
although they a7e not In good con-
dition, they would find q market II
there was any scarcity. There Is no
prospect Of any famine, and II the
producer complains of low prices Il
10 his own fault for rushing into sn
ovoretocked market, ard not waiting
for better time.
"The statement that the low prices
benefit only the middlemep, and that
the consumer gets beef at no lower
rates Is absurd. Anyone who takes the
trouble 10 look back year or two at
the price OF beei can readily see that
there Ia q considerable reduction. We
are selling beef at 7ic, where yeai
ago 10 was 30 and three years ago 81
and &c. In the retail market it ia the
same way. Prices are much lower
and the beef is better. II 10 no. the
ranchmen who cry monopoly In 70.
gard to the dressed beef men. II ID
the local cattle dealers. We have had
that TO cont nd with in every city we
have gone to, land II seems hardly fair,
when II is fact that the price OF beel
has been very psrceptibly lowered by
our competition.
at stands to reason that we can do
much better by shipping beef to this
section already dressed, and with no
freight 10 pay except ON that part OF
the animal which 10 used. think
an justified In saying that good
judges tf beef award MS tie merit oil
putting the best quality Of beef on tbs
market, as well ss making the prici
lower than II had been in the city fol
yearp. The talk about interstate com
merce laws having no isrrors for as d
untrue. The railroads Low discrimi
nate against US, and we are going Il
make big fight against II before long
They charge us 85 cents q hundred FOL
our beef, bat ordinary provisions are
only 36 cents lie that faif7 We pro
pose 20 try and force the railroads Int
giving us fair rates, and when they dc
that you will see besf cheaper ttill.'